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The impact of agricultural and food prices on inflation in Аzerbaijan

Nazrin Ramazanova Nizami

nramazanova2018@gmail.com

48761 ­ ­ AZ ­ ­ 35. Januray 2021 ­ ­­ ­ food prices inflation agricultural products price stability government regulation

 

UOT: 338.43, 338.57, 339.54

Abstract

Due to the relatively high share of food prices in the consumer basket, rising food prices have a significant impact on inflation. The article examines the impact of agricultural and food prices on inflation. In this regard, food prices and inflation dynamics in Azerbaijan were analyzed. It is shown that the rise in prices for agricultural raw materials similarly affects food prices, which, in turn, affects inflation. The article also discusses the issues of state regulation in order to ensure stability in the agricultural market.

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AUTHORS

 

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Javad. Gojamanov

Ph.D. student of Baku State University

   

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Natig. Mirzayev

Lankaran State University

   

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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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Huseynaga. Asadov

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  Ph.D., ass, pr  

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Eljan. Abbasov

Ph.D. student of Azerbaijan State Agrarian University

   

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Talib. Huseynov

PhD student of the Agricultural Economics Research Center

   

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Manzar. Nasibova

Senior researcher

   

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Ayaz. Museyibov

Center for Analysis of Economic Reforms and Communication

   

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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)

   

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Gulnara. Salimova

Senior Researcher of the Research Institute for Economic Reforms

   

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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Aygun. Salimova

Student of Azerbaijan State University of Economics (UNEC)

   

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Emilya. Shukurova

диссертант Бакинского государственного университета

   

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Fuad. Rzayev

Ph.D. student of the Azerbaijan Technical University